Why do you assume that banks are "so anxious to sell homes"? If the selling prices of the homes they own start going up, they will make billions of dollars. It looks like they are sitting on cash, and can borrow at almost zero dollars from the fed. They are really in the drivers seat.
David Cooper. Las Vegas Foreclosure Investor in Bank Owned REOs with Cash Flow. call or email for FREE daily list +1-7024997037 not a real estate agent... more